UK Publishes Letter to VAT Registered Businesses on Preparing for Changes in Trading with the EU from 2021

UK HMRC has published a letter sent to VAT registered businesses to provide guidance on preparing for changes in relation to trading with the EU from 1 January 2021. According to the letter, businesses should do the following now to prepare:

Make sure you have a GB EORI

You should already have an Economic Operator Registration and Identification (EORI) number. You will need this to complete customs declarations. If you do not yet have one, you can register for free by going to www.gov.uk…